Latest News for: Anglo american mining

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Mining companies back away from Brazil’s Indigenous areas

The Spokesman-Review 21 May 2022
Members of the association, which accounts for 85% of Brazil’s legally produced ore, include mining giants Rio Tinto, Anglo American and Vale ... Anglo American did the same in March 2021. Vale withdrew its requests for research and mining concessions over the last year ... Ibram, the mining association, which in the past had kept a low profile.
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Mining companies back away from Brazil's Indigenous areas

The Paducah Sun 21 May 2022
Members of the association, which accounts for 85% of Brazil’s legally produced ore, include mining giants Rio Tinto, Anglo American and Vale ... Anglo American did the same in March 2021. Vale withdrew its requests for research and mining concessions over the last year ... Ibram, the mining association, which in the past had kept a low profile.
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Will Zambia Protect Children from Kabwe’s Toxic Legacy?

Human Rights Watch 20 May 2022
The mine was originally owned by British colonial companies, including Anglo American, and later nationalized by Zambia ... Several Kabwe residents have also joined a class action lawsuit in South Africa against Anglo American ... While these are important steps, they do not tackle the source of the contamination, the mine waste itself.
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UK Retail Sales Beat Forecasts to Deliver Pound Support

FX Empire 20 May 2022
It was a relatively busy start to the day for the UK market ... Economists forecast a 0.2% decline ... UK bank and mining stocks were on the move this morning, delivering FTSE support. Anglo American (+2.97%), Antofagasta (+2.14%), Glencore (+2.58%), and Rio Tinto (+2.29%) all found strong support, with Barclays (+2.02%), HSBC (+2.01%) close behind ... Sign Up.
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Elon Musk backs machine to pull carbon dioxide out of air

The Times/The Sunday Times 19 May 2022
... in the UK, the project has received $5 million from Breakthrough Energy Ventures, a fund led by Gates and the mining company Anglo American.
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Peru mining protests risk clogging $53 billion investment pipeline

Mining Dot Com 17 May 2022
Without any world-class projects on the horizon, the prospects for sustaining production are not good,” said Gonzalo Tamayo, analyst at Macroconsult and a former Peruvian mines and energy minister ... Peru’s last big mining investments were in Anglo American’s Quellaveco and Minsur’s Mina Justa of a combined $6.6 billion.
photo: AP / Martin Mejia
A Striking miner stands in front of riot police during a demonstration near Congress in Lima, Peru, Thursday, July 20, 2017.
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Peru mining protests risk clogging $53 billion investment pipeline, industry warns

FX Empire 17 May 2022
Without any world-class projects on the horizon, the prospects for sustaining production are not good,” said Gonzalo Tamayo, analyst at Macroconsult and a former Peruvian mines and energy minister ... Peru’s last big mining investments were in Anglo American’s Quellaveco and Minsur’s Mina Justa of a combined $6.6 billion.
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Social conflicts besetting mining investment in Peru

La Prensa Latina 16 May 2022
“In the second part of this year (Quellaveco) should begin operations, and after that we don’t have any projects,” he added, regarding the enormous British-owned Anglo American copper mine located in the Moquegua region, which has received some $5.3 billion in investment.
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We’re open for business, president said. Then Zimbabwe shut down

Joy Online 16 May 2022
It’s an act of desperation. It makes legitimate business almost impossible.” ... When Anglo American Platinum Ltd., which owns one of the country’s biggest platinum mines, offered to pay its taxes in local currency the government declined, Natascha Viljoen, the Johannesburg-based company’s chief executive officer, said in an interview.
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Energy security, growth, and planet preservation

Jamaica Observer 14 May 2022
In Chile, Enel X, the electromobility arm of Enel, is piloting the use of green hydrogen to decarbonise large trucks and equipment fleets used in Anglo American’s mining operations ... Arthur has led close to 50 Latin American energy market studies since 2017 and has project experience in over 20 jurisdictions in the Americas ... .
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BUSINESS LIVE: UK recession fears rise; Sage eye profit margin growth; ContourGlobal hikes dividend

The Daily Mail 13 May 2022
Mexican precious metals miner Fresnillo slumped 8.9 per cent, or 68.8p, to 704.4p, Endeavour Mining fell 7 per cent, or 136p, to 1801p, Glencore dropped 4.4 per cent, or 21p, to 455p, Anglo American lost 4.6 per cent, or 155p, to 3242.5p, Antofagasta slipped 4.5 per cent, or ...
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BUSINESS LIVE: UK recession fears rise; Sage eye profit margin growth

This is Money 13 May 2022
Mexican precious metals miner Fresnillo slumped 8.9 per cent, or 68.8p, to 704.4p, Endeavour Mining fell 7 per cent, or 136p, to 1801p, Glencore dropped 4.4 per cent, or 21p, to 455p, Anglo American lost 4.6 per cent, or 155p, to 3242.5p, Antofagasta slipped 4.5 per cent, or ...
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Once-forsaken copper country is back in the spotlight

Mining Dot Com 13 May 2022
Anglo American announced a new joint venture in Zambia on Thursday ... The global copper market is already tight and new mines are difficult to find ... Arc Minerals inks multi-million JV deal with Anglo American ... (Image courtesy of Katanga Mining.) ... “We think the mining sector in Africa has huge potential,” Fernandez said on a call with reporters.
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JSE stocks, metal and minerals indices slump in global sell-off

Independent online (SA) 13 May 2022
Anglo American Platinum’s share price fell a whopping 9.23 percent to R1466.28, the Impala Platinum share was down 8.13 percent to R1 73.02, while Sibanye’s share price lost 7.75 percent to R43.45.
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Emmerson Mnangagwa has closed Zimbabwe for business

Business Day 13 May 2022
It’s an act of desperation. It makes legitimate business almost impossible.”  ... It hasn’t been a success ... When Anglo American Platinum, which owns one of the country’s biggest platinum mines, offered to pay its taxes in local currency the government declined, Natascha Viljoen, the Johannesburg-based company’s CEO, said in an interview. .

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